Newspaper Page Text
UNCLE SAM MAKES HONEY. I
Turns Out Hore Than Four Mil
lions Daily. An Army of
Printers at work.
Every working day of the year
there is printed at Washington
an average of more than *3,000,-
000 of new money. Every day
there is destroyed practically the
,tne amount. The presses in:
mints at Philadelphia, New
and San Francisco daily
Kamp into form about SBOO,OOO
<5 shining coin. We have then
a total of almost $4,000,000 new j
money created every day at the
money workshops of the govern
ment.
But good money cannot be had
even by great governments mere
for the making. The sources of
this great stream of fresh bills !
and bright, coins are carefully
guarded. They are governed by i
fixed financial principles that are 1
above legislation and by laws j
which congress has tried to frame
as nearly as possible in conform
ity with those higher financial
laws which must ultimately gov
ern the currency of all nations, j
The active printer, with the j
aid of a young girl assistant, and
working on a simple handpress
of a type that has hardly varied
since the government began to
print money, or indeed, since
one or two centuries before, can
fcurn out 800 sheets of finished
bills in a day, each sheet contain
ing four bills. There are 650:
printers at work in the govern -!
ment bureau of printing and en
graving, some upon bonds,
stamps or other forms of govern
ment securities, but most of them
printing money.
Among all the interesting
sights at Washington there is
perhaps none more interesting
than the intensely active bureau
of engraving and printing.
There are 2,988 employes there,
whose experience in handling and
counting the sheets of bank note
ojaper and turning out the finished
Jbills has given them a dexterity
that is fascinating to see.
There are five kinds of paper
money. The sort that people i
are most familiar with is the sil- [
ver certificates, for almost all the ,
one, two and five dollar bills are j
in that form. They are printed
chiefly as a matter of convenience j
to the public, for the public pre
fers paper money to the silver
coin. The amount of paper cur
rency outstanding is between
$1,000,000,000 and $1,900,000,000,
and of that amount there are
about $475,000,000 in silver cer
tificates and $477,000,0J0 in gold
certificates.
A dollar bill has a* average
life of about 15 months. Two j
dollar bills, noc being quite so ;
actively used, last on the average j
of two years before it is worn
out a td the government is called j
upon to replace it. Ten dollar
bills last about three years and
S2O bills more than four years, j
The amount of money that goes
to the government for redemp
tion, either for the purpose of 1
securing fresh, clean bills or for 1
conversion into some other form .
of money, reaches a total almost
too great to comprehend. In
1904 the government received
$912,000,000 of paper, or bills of
some other form or denomination, j
Government to Sue Hail Carriers.
Fifteen suits are to be filed in
the United States Circuit Court j
of the Northern district of Geor
gia, against mail carriers of fif
teen different star routes and
their bondsmen for failue to per
form service. Action will also
'be brought against the carriers
and their securities to recover
actual damages sustained by the
government. The bonds filed
with the postmaster in these
cases aggregate $9,100
The actual damages sustained |
by the government, as alleged by !
the Postoffice Department in hav
ing service performed by other ;
than regular carriers, amounts
to $4,729.37. I
Your Money to Northern and Eastern Companies for
We Represent the>-s^»a^
State Mutnai Life Insurance Company,
OF ROME, GEORGIA.
THE ONLY OLD LINE SOUTHERN
COMPANY COMPOSED OF SOUTHERN
STOCKHOLDERS, and devoted to the in
terest of the POLICY HOLDERS, and
the upbuilding of a Greater South. Let
us explain our ANNUAL DIVIDEND
POLICIES to you.
Lochridge & Tanner,
General Managers for Southern Georgia
.JfcSSk GRAN £ HAM, Local Agent.
WIRE FENGFHIRE FENCE
Two car loads for sale at
Watt & Holmes Hardware Store.
AND =
TWO MORE CARS ON
the road. Must be sold to make
Room. Come to see us and buy
your wire fence.
Yours to serve,
Bsaggaem—— ,l,wl ■—ll r r«ta«»— B
Watt & Holmes Hardware Company,
J, B. FORBES, Manager. BOUGHS, GEORGIA,
CITIZENS’ BANK
INCORPORATED 1901
Capital Stock, $105,000. Surplus, SIO,OOO
w H ,b T^ NN g R ’ Prm A n h T , A - H - Haddock, Asst. Cashier
W W. McDonald, IstV. President, F. G. Jonbis, Asst. Cashier.
F. L. Sweat, 2nd V. President, G. M. Stanton, Book Keeper.
F. L. Tanner, Cashier.
Savings Departmant
Interest at 4 1-2 percent., Compounded Quarterly.
DIRECTORS
W.W.McDonald. B. H. Tanner, E. L. Tanner,
F G. Kirkland, F. L. Sweat, J. A. Davis
W. F. Silibett.
Accounts of Firms, Corporations and Individuals Solicited.
Branch Bank at Nieholls, Ga.
ATLANTA, BIRMINGHAM AND ATLANTIC RAILRO\D.
Time Table Effective Feb. Ist, 1905.
EASTBOUND.
Train Leave Douglas
9:39 A. M.
5:09 P. M.
WESTBOUND.
Train Leave Douglas
10:14 A. M.
6:44 P. M.
H. C. McFADDEN, G. P. A. E. L. MATTHEWS, Agt. Douglas, Ga
John H. Hunter., Wm. K. Pearce. Prank C. Battey
Hunter, Pearce & Battey,
Cotton Factors. Naval Stores Factors.
Experienced and
•Expert Handlers
of
One of the largest Factorage concerns in the South.
Each commodity handled in a separate Department.
Strictest attention to each.
Sell Upland and Sea Island Bagging, Ties and Twine.
Liberal advances made on consignments. Money loaned
to cotton and naval stores shippers on approved security.
Shipments R.er»pectfully Solicited.
126 Bay St. East, - - Savannah Georgia.
....THE....
People’s : Pharmacy.
JNO. n. HALL, Manager.
Dougin s -mm Georgia
J\ full line of Fresh Drugs, Druggists
Sundries, Garden Seeds, Stationery, Inks,
Pencils, Pipes, Tobacco and Segars.
Prescriptions A Specialty
and puGupgofJ Purest,|*Freshest*!Drugs.
f
Full ail Crupbti Lin? of Patent Medicines.
Soda Water CccalCcla Etc.
Are you going to use
WIRE FENCING
FIELD GARDEN POULTRY OR PASTURE.
and Mailt good value for your
money. If so buy
"PACE lISeEA^
JAS. r. HATFIELD, A,'!.
DOUGLAS, ..... GEORGIA.
Quickest and Best Line to Macon, At
lanta, St. Louis and all points west. Finest
evuipment in the the south. Coaches elec
tric lighted, with summer and steam
heat in winter, making travel comfortable
and easy.
Tickets on sale to all points in the U. S.
If you are contemplating a trip, ask our
agent for information—We may be able to
save you money and time.
Upland Gotten
Extra Staple Cotton
Sea Island Cotton,
Naval Stores.
Over Thirty
Years in Busi
ness.
j